JEPI Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: JEPI's backwardated volatility, strong yield, and significant call volume point towards steady inflows from income-focused investors, supporting price stability.




Bearish Case: JEPI faces potential downside due to flat price action and elevated puts, with historical returns indicating vulnerability to broader market shifts.




Potential Outcomes:
  • Steady inflows maintain price stability (50%).
  • Interest rate hikes pressure capital appreciation (25%).
  • Market volatility reduces dividend appeal (25%).



March 26, 2025


JPMorgan Equity Premium Income Forecast

JEPI        JPMorgan Equity Premium Income











Correlated Assets

Assets that tend to move strongly with JEPI



LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.88)


TRV Forecast + Options Trading Strategies   TRV  Travelers Companies (0.84)


V Forecast + Options Trading Strategies   V  Visa (0.84)


RL Forecast + Options Trading Strategies   RL  Ralph Lauren (0.83)


ZM Forecast + Options Trading Strategies   ZM  Zoom Video Communications (0.82)



Uncorrelated Assets

Assets with little price relationship to JEPI



TSN Forecast + Options Trading Strategies   TSN  Tyson Foods (0.0)


DELL Forecast + Options Trading Strategies   DELL  Dell (-0.0)


WNS Forecast + Options Trading Strategies   WNS  WNS Holdings Limited (0.01)


LHX Forecast + Options Trading Strategies   LHX  L3Harris (0.02)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against JEPI



CLW Forecast + Options Trading Strategies   CLW  Clearwater Paper (-0.62)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.65)


VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.65)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.67)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.67)









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